Flitways Technology Inc (FTWS)

[DcLich]

Yes I'd agree. For a mid to long term hold, the company would need to produce increasing revenues, quarter by quarter at the least. They fall far from competing with uber. There are red flags that point to this ticker being for the purpose of selling shares.

But in the very near term, it is an exciting trade opportunity. The first resistance is .36, followed by the 200 day sma at .58. A break of .60 might give enough momentum to see a dollar but it would require a lot of volume in these next two days to get us there. .36 would be a 700% move off of the low so a price target of .58 is about the best that one could hope for without a very impressive news release.